Newport Capital Group LLC Buys 11,361 Shares of Vanguard Intermediate-Term Treasury ETF $VGIT

Newport Capital Group LLC increased its stake in shares of Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) by 5.8% during the fourth quarter, HoldingsChannel reports. The fund owned 205,867 shares of the company’s stock after buying an additional 11,361 shares during the period. Vanguard Intermediate-Term Treasury ETF comprises about 4.6% of Newport Capital Group LLC’s investment portfolio, making the stock its 6th largest position. Newport Capital Group LLC’s holdings in Vanguard Intermediate-Term Treasury ETF were worth $12,338,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Spire Wealth Management raised its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 796.0% during the fourth quarter. Spire Wealth Management now owns 448 shares of the company’s stock worth $27,000 after acquiring an additional 398 shares during the period. JPL Wealth Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the third quarter worth $28,000. Gilpin Wealth Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the fourth quarter worth $30,000. Crewe Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the fourth quarter worth $32,000. Finally, DT Investment Partners LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury ETF during the fourth quarter worth $32,000.

Vanguard Intermediate-Term Treasury ETF Stock Performance

Shares of NASDAQ:VGIT opened at $58.82 on Friday. Vanguard Intermediate-Term Treasury ETF has a 12 month low of $58.37 and a 12 month high of $60.76. The company’s fifty day simple moving average is $59.11 and its 200 day simple moving average is $59.66.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a $0.1935 dividend. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date was Monday, June 1st. This is an increase from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.19.

About Vanguard Intermediate-Term Treasury ETF

Vanguard Intermediate Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with an intermediate-term, dollar-weighted average maturity. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. 3-10 Year Government Float Adjusted Index (the Fund). This Index includes fixed-income securities issued by the United States Treasury (not including inflation-protected bonds) and the United States Government agencies and instrumentalities, as well as corporate or dollar-denominated foreign debt guaranteed by the United States Government, with maturities between 3 and 10 years.